INSW · XBRL financial data

International Seaways financial statements, every fiscal year

The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (INSW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	422	273	865	1,072	952	843
Revenue from contracts with customers	422	273	865	1,072	952	843
General and administrative	29	33	46	47	53	50
Operating income (loss)	40	(112)	443	615	455	345
Interest income	1	0	4	14	10	8
Interest expense	37	37	58	66	50	43
Other income (expense)	(13)	(6)	2	11	10	6
Income tax expense (benefit)	0	2	0	4	(1)	(0)
Net income (loss)	(6)	(133)	388	556	417	309
Earnings per share, basic USD per share	(0.20)	(3.48)	7.85	11.35	8.45	6.27
Earnings per share, diluted USD per share	(0.20)	(3.48)	7.77	11.25	8.38	6.23
Weighted average shares, basic millions of shares	28	38	49	49	49	49
Weighted average shares, diluted millions of shares	28	38	50	49	50	50

Fiscal years (INSW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	199	98	244	127	158	117
Short-term investments	—	—	80	60	—	50
Accounts receivable	43	107	290	247	186	178
Inventory	4	2	1	1	2	1
Prepaid and other current assets	6	12	9	10	16	7
Total current assets	257	224	643	465	376	367
Property and equipment, net	1,108	1,803	1,680	1,914	2,050	2,078
Right-of-use asset	22	23	8	20	21	7
Goodwill	—	—	—	—	—	0
Total assets	1,587	2,347	2,615	2,522	2,636	2,669
Accounts payable	3	2	2	7	6	2
Current portion of long-term debt	61	179	163	127	50	26
Total current liabilities	109	235	257	196	131	99
Long-term debt	474	926	861	595	638	541
Lease liability, non-current	10	13	8	12	9	6
Total liabilities	614	1,176	1,128	805	780	648
Retained earnings (accumulated deficit)	(276)	(409)	(21)	227	359	524
Total stockholders' equity	972	1,170	1,488	1,717	1,856	2,020
Total liabilities and equity	1,587	2,347	2,615	2,522	2,636	2,669
Common shares outstanding (cover page) millions of shares	28	50	49	49	49	49

Fiscal years (INSW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(6)	(133)	388	556	417	309
Stock-based compensation	6	11	7	9	9	9
Depreciation and amortization	74	87	110	129	149	164
Net cash from operating activities	216	(76)	288	688	547	380
Net cash from investing activities	32	133	43	(124)	(155)	(141)
Share repurchases	30	17	20	14	25	—
Dividends paid	7	41	70	308	284	145
Proceeds from long-term debt	363	84	640	—	—	—
Repayments of long-term debt	82	164	799	382	40	—
Net cash from financing activities	(183)	(174)	(186)	(681)	(361)	(279)
Net change in cash	65	(117)	145	(117)	31	(41)

SIC 4400 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4400 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
International Seaways	159	467	268*	49.5M	Q2 FY26 10-QJun 30, 2026
Tidewater	614	342	67*	49.8M	Q2 FY26 10-QJun 30, 2026
Matson	119	969	138*	29.9M	Q2 FY26 10-QJun 30, 2026
Kirby	39	922	72*	52.8M	Q2 FY26 10-QJun 30, 2026
Norwegian Cruise Line Holdings	257	2,947	292*	459.3M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.